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Land for sale

Old Town Road, Stoke-on-Trent, Staffordshire

Sold STC £200,000
1 ac.

Property Description

Commercial information

  • 1 acres (0.41 hectares)

Full description

Best and final offers requested by 19th May 2017.
An excellent opportunity to acquire a former pottery works with the potential for residential redevelopment subject to planning permission. An indicative scheme for an extra care development with 51 units has been produced.

Location - The site lies adjacent to the Potteries Way, City Centre Inner ring Road, in close proximity and with easy access to the Town Road junction. The INTU Potteries Shopping Centre including The Hive dining and Cineworld complex and Hanley town centre are only approximately 300metres away via the existing footpath and crossing.

Description - The Falcon Works Hanley, was owned by J. H. Weatherby & Sons Ltd who established a works on site in 1891. The site is considered to have excellent potential for a residential development scheme.

Planning - No planning permission has been granted for the redevelopment of the site, however, our client has had an indicative scheme produced. The indicative scheme is for an extra care housing development with a mixture of the following units:

47 x one bedroom flats.
2 x two bedroom flats.
2 x guest rooms.

51 units in total.

We understand the frontage and roof are Grade II Listed. There is a remainder of a bottle kiln within the court yard which is understood to also be retained.

Best And Final Offers - As a guide price, offers in the region of £200,000 are sought on an unconditional basis. Offers conditional on planning will be considered in the region of £350,000 on terms to be agreed.

Bids should be received no later than 5pm on 19th May 2017 and include the following information:

1) Purchasers details to include name, address and contact details.
2) Solicitor details.
3) Confirmation of the offer exclusive of VAT.
4) Offers should state any conditions the offer is subject to.
5) Proof of funding should be provided or how the purchase will be funded
6) Conditional offers should provide an overview of the proposed use and timescales.

Bjb are advised that the property has an option to tax, therefore Vat will be applicable.

Bids should be provided to:

Robert Stevenson MRICS
Butters John Bee
Lake View, Festival Way
Stoke-on-Trent, Staffordshire
ST1 5BJ

Offers received after the deadline may not be taken into consideration. The vendor reserves the right not to accept either the highest or indeed any offer received. The vendor reserves the right to withdraw from the sale if contracts are not exchanged within the agreed time frame.

Tenure - Freehold

Legal Cost - Each party is to be responsible for their own legal costs incurred in connection with the sale / purchase of the property.

Viewings - Strictly by appointment via bjb commercial, Head Office, Lake View, Festival Way, Stoke-on-Trent, ST1 5BJ. Telephone 01782 212201. Opening hours are 9.00- 5:30pm, Monday to Friday.

Vat - Prices are quoted exclusive of VAT, which is applicable. Interested parties should take independent advice relating to VAT.

Viewings And Enquiries - For further information interested parties should contact

Robert Stevenson
robertstevenson@bjbmail.com

IMPORTANT NOTICE
As the Sellers agent, we are not Surveyors or Conveyancing experts and as such we cannot and do not comment on the condition of the property or other issues relating to title or other legal issues that may affect this property, unless we have been made aware of such matters. Interested parties should employ their own professionals to make such enquiries before making any transactional decisions. We have not carried out a structural survey and the services, appliances and specific fittings have not been tested. All photographs, measurements, floor plans and distances referred to are given as a guide only and should not be relied upon for the purchase of carpets or any other fixtures or fittings. Lease details, service charges and ground rent (where applicable) and council tax are given as a guide only and should be checked and confirmed by your solicitor prior to exchange of contracts. The copyright of all details, photographs and floorplans remain the possession of bjb.


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Listing History

Added on Rightmove:
30 September 2016

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